Poeton Industries Limited in Gloucester, GL4 3DN

Description

Data updated on: 01-11-2023

Poeton Industries started conducting its operations in 1930 as a Private Limited Company under the following Company Registration No.: 00246071. The firm has been operating for 94 years and it's currently active. This company's office is situated in Gloucester at . Anyone can also locate the firm by the post code : GL4 3DN. twenty five years ago the firm switched its name from A.t.poeton (gloucester Plating) to Poeton Industries Limited. The enterprise's SIC and NACE codes are 25610 meaning Treatment and coating of metals. 2022-12-31 is the last time when company accounts were filed.

As mentioned in the following enterprise's executives list, since November 2022 there have been four directors including: James P., Darren B. and Alastair M..

The companies that control this firm include: Poeton Holdings Limited owns over 3/4 of company shares. This business can be reached in Gloucester at Eastern Avenue, GL4 3DN.

Previous company's names
Poeton Industries Limited 1999-10-19
A.t.poeton (gloucester Plating) Limited 1930-02-26

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	627 556	1 495 247	834 359	2 318 605	1 414 134	1 224 802
Current Assets	3 610 910	6 166 301	4 766 153	4 954 590	4 214 757	4 524 127
Debtors	2 677 284	4 340 767	3 511 203	2 250 777	2 420 076	2 849 030
Net Assets Liabilities	2 673 480	3 137 784	2 732 911	2 083 934	2 274 963	2 505 194
Other Debtors	15 599	14 984	15 378	15 742	15 901	16 081
Property Plant Equipment	2 680 121	2 174 662	2 315 272	2 289 263	2 092 884	1 800 598
Total Inventories	306 070	330 287	420 591	385 208	380 547	450 295

Other Financial Data
Audit Fees Expenses	21 700	26 000	28 000	21 250	12 210	17 934
Fees For Non-audit Services		4 065	7 335	2 000	4 080	7 406
Company Contributions To Money Purchase Plans Directors					20 000	20 375
Director Remuneration					213 930	217 205
Accrued Liabilities Deferred Income	715 123	713 252	639 939	465 925	395 466	470 060
Accumulated Amortisation Impairment Intangible Assets	61 874	61 874	61 874	61 874	61 874
Accumulated Depreciation Impairment Property Plant Equipment	3 334 252	3 617 424	3 813 947	4 109 840	4 318 290	4 725 924
Administrative Expenses	2 019 277	2 166 351	2 853 582	2 600 279	2 072 050	2 548 234
Amounts Owed By Group Undertakings	426 072	1 422 932	675 072	648 755	648 755	726 984
Amounts Owed To Group Undertakings	53 712	53 712	53 712	53 712	53 712	234 433
Applicable Tax Rate	19	19	19	19	19	19
Assumed Rate Increase Pensionable Salaries	2	2	2	2	3	2
Assumed Rate Increase Pensions In Payment Deferred Pensions	3	3	3	3	3	3
Average Number Employees During Period	217	249	235	151	152	155
Bank Borrowings	326 687	210 937	1 562 707	333 552	290 130	438 720
Bank Borrowings Overdrafts	326 687	1 563 014	1 345 983	2 165 311	1 904 215	1 302 675
Bank Overdrafts		124 157
Capital Commitments	13 930
Comprehensive Income Expense	1 072 841	1 064 304	195 127	-432 353	291 029	665 231
Corporation Tax Payable	145
Corporation Tax Recoverable	17		71 046	140 513	91 961
Cost Sales	9 343 671	10 205 182	10 528 422	7 608 114	6 276 770	6 834 139
Creditors	4 053	1 563 014	1 345 983	2 165 311	1 904 215	1 321 896
Cumulative Gain Loss On Remeasurement Defined Benefit Plan Recognised In Other Comprehensive Income	38 000	86 000	234 000	288 000	188 000	718 000
Current Tax For Period	145		-71 046	-140 513	-91 961
Decrease In Assets Defined Benefit Plan From Benefits Paid	-211 000	-192 000	-183 000	-187 000	-192 000	-212 000
Decrease Increase In Liabilities Defined Benefit Plan From Remeasurement	-38 000	86 000	-234 000	-288 000	188 000	718 000
Depreciation Expense Property Plant Equipment	368 691	378 658	368 643	349 984	371 298	407 634
Discount Rate Used Defined Benefit Plan	3	3	2	1	2	5
Disposals Decrease In Depreciation Impairment Property Plant Equipment		99 340	174 626	54 091	162 848
Disposals Property Plant Equipment		620 157	180 976	55 875	171 418	10 744
Distribution Costs	610 358	661 479	448 223	601 661	601 593	575 989
Dividends Paid	700 000	600 000	600 000	216 624	100 000	435 000
Dividends Paid On Shares Interim	700 000	600 000	600 000	216 624	100 000	435 000
Fair Value Assets Defined Benefit Plan	2 463 330	2 324 962	2 904 176	2 900 176	3 045 176	2 564 179
Finance Lease Liabilities Present Value Total	4 053	4 052				15 377
Fixed Assets	2 787 355	2 281 896	2 422 506	2 396 497	2 200 118	1 885 557
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax	106 000	-141 000	-234 000	-288 000	188 000	718 000
Further Item Operating Income Component Total Other Operating Income				567 774	217 259
Further Operating Expense Item Component Total Operating Expenses	68 615	81 396	1 000 000	276 733	563 120	46 687
Future Minimum Lease Payments Under Non-cancellable Operating Leases	246 209	313 436	294 034	205 328	297 673	306 768
Gain Loss On Disposals Other Non-current Assets						-2 275
Gain Loss On Disposals Property Plant Equipment	-887	-44 067	-6 348	-1 784	1 952	-10 744
Government Grant Income	175 568	14 818	19 735	24 016	48 227	24 153
Gross Profit Loss	3 504 534	3 958 179	4 522 899	2 537 181	2 497 324	3 595 327
Income Tax Expense Credit On Components Other Comprehensive Income	12 920	-10 450	3 610	-30 590	92 340	44 080
Increase Decrease In Current Tax From Adjustment For Prior Periods	-28 302
Increase From Depreciation Charge For Year Property Plant Equipment		382 512	371 149	349 984	371 298	407 634
Increase In Assets Defined Benefit Plan From Contributions By Employer	114 889	131 632	438 214			160 003
Increase In Liabilities Defined Benefit Plan From Interest Expense	106 000	97 000	103 000	74 000	55 000	67 000
Intangible Assets	2	2	2	2	2	2
Intangible Assets Gross Cost	61 876	61 876	61 876	61 876	61 876
Interest Expense On Bank Loans Similar Borrowings	8 753	13 762	48 662	48 028	69 985	82 696
Interest Payable Similar Charges Finance Costs	8 753	13 762	48 662	48 028	69 985	82 696
Investments Fixed Assets	107 232	107 232	107 232	107 232	107 232	84 957
Investments In Group Undertakings	107 232	107 232	107 232	107 232	107 232	84 957
Liabilities Defined Benefit Plan Present Value	3 826 400	3 645 400	3 799 400	3 974 400	3 649 400	2 786 400
Net Assets Liabilities Subsidiaries	48 890	469 169	1 014 026	1 400 022	1 599 914	1 731 591
Net Current Assets Liabilities	1 247 343	3 738 986	2 668 480	3 023 043	2 757 331	2 376 047
Number Shares Issued Fully Paid		22 100	22 100	22 100	22 100	22 100
Operating Profit Loss	1 050 467	1 145 167	1 240 829	-72 969	89 167	495 257
Other Comprehensive Income Expense Net Tax	55 080	-44 550	15 390	-130 410	289 728	187 920
Other Deferred Tax Expense Credit	-16 313	-2 619	36 472	13 213	-11 324	-34 334
Other Finance Costs	40 000	34 000	32 000	18 000	16 000	10 000
Other Interest Receivable Similar Income Finance Income	753	27 450	62 136	56 785	57 066	61 152
Other Operating Income Format1	175 568	14 818	19 735	591 790	265 486	24 153
Other Taxation Social Security Payable	479 344	510 651	494 479	595 041	319 919	452 200
Par Value Share		1	1	1	1	1
Pension Other Post-employment Benefit Costs Other Pension Costs	180 720	168 370	207 847		168 779	159 908
Percentage Class Share Held In Subsidiary		100	100	100	100	100
Prepayments Accrued Income	86 648	88 041	125 786	65 662	82 628	92 998
Profit Loss	1 017 761	1 108 854	179 737	-301 943	1 301	477 311
Profit Loss On Ordinary Activities Before Tax	1 002 467	1 124 855	222 303	-432 663	-105 322	461 438
Profit Loss Subsidiaries	-100 135	-420 279	-544 857	-385 996	-199 891	-131 677
Property Plant Equipment Gross Cost	6 014 373	5 792 086	6 129 219	6 399 103	6 411 174	6 526 522
Provisions	253 255	250 636	287 108	300 321	288 997	254 663
Provisions For Liabilities Balance Sheet Subtotal	253 255	250 636	287 108	300 321	288 997	254 663
Raw Materials	306 070	330 287	420 591	385 208	380 547	450 295
Restructuring Costs			1 000 000	350 451	165 570
Retirement Benefit Obligations Surplus	1 103 910	1 069 448	724 984	869 974	489 274	179 851
Return On Assets Benefit Plan	172 000	78 000	324 000	183 000	337 000	429 000
Social Security Costs	501 620	560 243	654 582		364 621	430 294
Staff Costs Employee Benefits Expense	6 382 942	6 916 610	7 523 980		4 677 413	5 240 118
Tax Decrease From Utilisation Tax Losses			-22 049	-43 998	-28 540
Tax Expense Credit Applicable Tax Rate	190 469	213 722	42 238	-82 206	-20 011	87 673
Tax Increase Decrease From Effect Capital Allowances Depreciation					3 488	-6 807
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	12 158	10 656	9 855	3 813	3 655	3 878
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-15 294	16 001	42 566	-130 720	-106 623	-15 873
Total Additions Including From Business Combinations Property Plant Equipment		397 870	518 109	325 759	183 489	126 092
Total Assets Less Current Liabilities	4 034 698	6 020 882	5 090 986	5 419 540	4 957 449	4 261 604
Total Borrowings	326 687	335 094	1 562 707		2 194 345	1 775 993
Total Current Tax Expense Credit	-28 301			-140 513	-92 259	-10 039
Total Deferred Tax Expense Credit	13 007	16 001	113 612	9 793	-14 364	-5 834
Trade Creditors Trade Payables	779 546	810 554	692 819	483 317	398 199	537 290
Trade Debtors Trade Receivables	1 996 388	2 360 665	2 337 825	1 138 736	1 354 169	2 012 967
Turnover Revenue	12 848 205	14 163 361	15 051 321	10 145 295	8 774 094	10 429 466
Wages Salaries	5 700 602	6 187 997	6 661 551		4 144 013	4 649 916